Why is Pattech Fitwell falling/rising?

As of 02-Jul, Pattech Fitwell Tube Components Ltd is experiencing a price increase, with the current price at 97.80, reflecting a rise of 4.65 or 4.99%. The stock has shown strong performance today, outperforming its sector by 3.58%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there is a notable decline in investor participation, with delivery volume on July 1 dropping by 95.41% compared to the 5-day average. Year-to-date, the stock is down 7.74%, and over the past year, it has decreased by 9.70%, suggesting some underlying challenges despite the recent uptick.
In the broader market context, the stock's short-term return over the past week has been significantly better than the benchmark Sensex, which only increased by 0.83%, while Pattech Fitwell rose by 27.43%. This indicates that the stock is gaining traction relative to the overall market. However, despite the recent positive movement, the year-to-date and one-year returns show that the stock has underperformed compared to the Sensex, which has gained 7.65% and 5.51% respectively. This contrast highlights the volatility and potential challenges that Pattech Fitwell faces in maintaining its upward momentum in the longer term.